The N-Methyldiethanolamine market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
N-Methyldiethanolamine, also known as methyl diethanolamine, or MDEA, is an organic compound with the formula CH3N(C2H4OH)2. The product is a colorless liquid with an ammonia odor. It is miscible with water, alcohol, and benzene. N-Methyldiethanolamine is used for amine gas treating, also known as gas sweetening or acid gas removal, the removal of hydrogen sulfide and carbon dioxide from gases in the petrochemical industry.
The Dow Chemical Company, Eastman Chemical Company, BASF SE, and Amines & Plasticizers Ltd. are major manufacturers of N-Methyldiethanolamine. The top four manufacturers account for almost 35% share of the total market. These companies have integrated operations and are also manufacturers of methylamine, ethylene oxide, and diethanolamine, which are key raw materials that are utilized for the manufacturing of MDEA. These companies are majorly into captive consumption of the products manufactured by them.
s the report focuses on global N-Methyldiethanolamine market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Eastman Chemical
The Dow Chemical Company
BASF
Amines & Plasticizers Ltd.
...
Market Segment by Product Type:
MDEA 95%
MDEA 97%
MDEA 99%
Others
Market Segment by Application:
Oil & Gas
Textile
Medical
Paints & Coatings
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the N-Methyldiethanolamine market for the forecast period 2020 - 2025?
• What are the driving forces in the N-Methyldiethanolamine market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the N-Methyldiethanolamine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?